Nvidia (NASDAQ: NVDA) Faces $800 Billion AI Spending Test As Cisco-Era Warnings Return

Foreign Policy Journal

Foreign Policy Journal

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June 4, 2026

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Nvidia (NASDAQ: NVDA) Faces $800 Billion AI Spending Test As Cisco-Era Warnings Return

Nvidia (NASDAQ: NVDA) has once again become the market’s most closely watched reference point for an enduring question: when does a genuine technology boom become dangerously expensive? TS Lombard analysts drew a direct comparison between Nvidia’s current rise and Cisco Systems (NASDAQ: CSCO) during the dot-com era, as investors continue debating whether the AI buildout [] The post Nvidia (NASDAQ: NVDA) Faces 800 Billion AI Spending Test As Cisco-Era Warnings Return appeared first on Foreign Policy Journal.

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